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In a move that signals relief for households dealing with rising financial burdens, the Reserve Bank of India (RBI) has cut the repo rate by 50 basis points, bringing it down to 5.5%.
The Reserve Bank of India lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5 per cent. PHOTO: AFP. UPDATED Jun 06, 2025, 10:22 PM.
RBI Repo Rate Cuts History: The Reserve Bank of India (RBI) on Friday reduced the repo rate by basis points (bps) to 5.50 per cent, significantly higher than estimates.
In addition, the Reserve Bank of India has also cut its Cash Reserve Ratio (CRR) by 100 basis points. The cut in CRR will release up to ₹2.5 lakh crore liquidity in the system and reduce the cost of ...
The Reserve Bank of India’s monetary policy committee on Friday voted to cut the policy repo rate to 5.50% from 6.00%, a steep cut of 50 basis points. Photo: francis mascarenhas/Reuters.